Netvrk’s Land Presale on TrustPad

New Cryptocurrency, Crypto Startups, IDO, IFO

Published on: 27.08.2021

Netvrk’s Land Presale of the Genesis Islands, the core of the metaverse, will be hosted on TrustPad on Monday, 30 August. More details are below. They are also very excited to share with you the technical upgrades we have made to improve the user experience when participating in this much anticipated release.

Netvrk Land Presale Pricing

Netvrk’s land presale will be carried out using their native $NTVRK token. Participants will contribute $NTVRK on ERC-20 and will have to hold a minimum of 10k TPAD on BSC to access the presale.

The amount of $NTVRK required to purchase a land parcel will be equivalent to its value in USDT at the time of purchase, meaning participants should not have their purchasing power impacted by any price fluctuations in $NTVRK .

All $NTVRK tokens used to purchase the land will be stored in the Netvrk reserve for at least one year, with the intent that they remain there for many years.

How to participate

There are 1,000 land parcels available via TrustPad at the discounted presale price. Users will need to send $NTVRK equal to the amount of the land’s value in USD.
10 EPIC: $16,500
20 Giant: $5,500
70 Large: $2,750
300 Medium: $1,375
600 Standard: $500

To participate users must stake at least 10k $TPAD and register for the presale, or win a slot by participating in one of the Lottery levels. Please see the Levels listed on trustpad.io/levels for more info.

Access will be on an FCFS basis. Standard and Medium sized parcels will be accessible to all immediately, with Epic, Giant and Large being staggered based on Levels.

Access times to EPIC, Giant, and Large:
Immediate: Black, Orbit, Partner, Executive
After 15 minutes: Associate
After 30 minutes: Club, Member, Lottery Level winners

Mega Bonus Pack

The extra pack available is the Mega Bonus Pack, offering unlimited daily resources to build with, boosted earnings, free lottery tickets in the Netvrk metaverse, and discounts on featured NFTs! To be eligible for the Mega Bonus Pack, participants will have to have purchased at least one land parcel.

TrustPad Tech Upgrade

As you are likely aware, given that TrustPad’s very first IDO was Netvrk, the $NTVRK token is native to the Ethereum blockchain, whereas $TPAD is native to Binance Smart Chain (watch this space). As a multi-chain launchpad it is relatively straightforward to raise funds on one chain and send tokens to participating wallets on another, but it becomes more challenging when a link between the two is required.

TrustPad have come up with a solution to support such interoperability which is nearing completion, where users can have their TPAD staked and registered on BSC to access sales with an Ethereum based token (in this case $NTVRK) at the same time.

This is a big step forward for our multi-chain capabilities and we are excited by the possibilities it will present in the future for our ecosystem, including our partner launchpad, NFTPad.

About Netvrk

Netvrk is a social virtual world and platform, with powerful creation tools and infrastructure to easily create, share, experience, and monetise creations. With a focus on gaming, education and virtual workplaces, built around ownership of virtual land and assets.

About TrustPad

TrustPad has been founded to aid the growth of the blockchain ecosystem in a safe and sustainable way. TrustPad is proudly partnered with tokenova, Lupa X, GD10 Ventures, BlockSync Ventures, X21 Digital, Meridian Capital, Wealth Union, Twin Apex Capital and 4SV.

TrustPad is different to other launchpads. A ‘quality not quantity’ approach ensures that projects launched through TrustPad have real long term value. This will provide the TrustPad community with sustainable development, attracting a larger community for both $TPAD and the projects launched on the platform.